46 Whyambeel Chase, Smithfield QLD 4878

46 Whyambeel Chase, Smithfield QLD 4878
High building coverage on small lot | Flood overlay present | Strong NBN & 5G | Two living areas This property presents a specific, high-utility package on a constrained block. Its primary strength is the efficient delivery of a substantial 253-square metre home with four bedrooms and dual living areas on only 450 square metres of land, catering directly to families seeking internal space over yard size within a established catchment. The configuration is competitively rare for the lot size, serving buyers who prioritise liveable area and modern connectivity like FTTP NBN over land expanse. The decision hinges on the quantified flood risk implied by the overlay, which imposes potential insurance premiums and resale friction that erode financial performance. The high building coverage limits future expansion and outdoor amenity, but the current rental estimates support a holding strategy as a high-occupancy family rental. Proceed only with a contingent flood report and explicit costings, as the property’s utility is otherwise compromised by its underlying land risk.

Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ 

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Market Insight:

Smithfield is a family-oriented suburb where 44% of households are couples with children, driving strong demand for three-bedroom houses. The median house price is approximately $760,000, supported by robust annual growth of around 9-10%. The market is active, with high annual sales volumes and a median of 28 days on market for houses. Future supply from development approvals is a key factor to monitor, alongside varying affordability indicated by a broad price range.
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PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

2

Land

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